 "Shriram EPC gains on Rs 438 crore order win")
Shriram EPC has rallied 10% to Rs 27 on the BSE after the company said it has bagged contracts worth over Rs 438 crore from the Ministry of Road & Highways and Government of Jharkhand.
The company has received a road contract worth Rs 301.05 crore from the State of Chhattisgarh for executing road works of 50 km under the NHDP-IV on engineering, procurement and construction basis (EPC). The project to be completed over 24 months, Shriram EPC said in a release.
The second contract worth Rs 137 crore received from the Jharkhand government for implementation of the rural water supply scheme in three groups of villages, which is to be executed over a period of 33 months, it added.
The stock hit an intra-day high of Rs 27.50 on the BSE. A combined 270,417 shares changed hands against an average sub 50,000 shares that were traded daily in past two weeks on the BSE and NSE.
The company has received a road contract worth Rs 301.05 crore from the State of Chhattisgarh for executing road works of 50 km under the NHDP-IV on engineering, procurement and construction basis (EPC). The project to be completed over 24 months, Shriram EPC said in a release.
The second contract worth Rs 137 crore received from the Jharkhand government for implementation of the rural water supply scheme in three groups of villages, which is to be executed over a period of 33 months, it added.
The stock hit an intra-day high of Rs 27.50 on the BSE. A combined 270,417 shares changed hands against an average sub 50,000 shares that were traded daily in past two weeks on the BSE and NSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%